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Delaware Application for Cancellation of Reservation of Partnership Name

State:
Delaware
Control #:
DE-GP-CNCL
Format:
PDF
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Description

Application for Cancellation of Reservation of Partnership Name
The Delaware Application for Cancellation of Reservation of Partnership Name (Form LP-1) is a legal document used to cancel the reservation of a partnership name in the State of Delaware. Filing the form with the Delaware Secretary of State will ensure that the name of the partnership is no longer reserved for future use. The application is required for all partnerships that are incorporated or registered in Delaware. There are two types of Delaware Application for Cancellation of Reservation of Partnership Name: 1. Initial Reservation: This form is used to cancel the initial name reservation for a partnership in Delaware. 2. Renewal Reservation: This form is used to cancel the renewal of reservation of a partnership name in Delaware.

The Delaware Application for Cancellation of Reservation of Partnership Name (Form LP-1) is a legal document used to cancel the reservation of a partnership name in the State of Delaware. Filing the form with the Delaware Secretary of State will ensure that the name of the partnership is no longer reserved for future use. The application is required for all partnerships that are incorporated or registered in Delaware. There are two types of Delaware Application for Cancellation of Reservation of Partnership Name: 1. Initial Reservation: This form is used to cancel the initial name reservation for a partnership in Delaware. 2. Renewal Reservation: This form is used to cancel the renewal of reservation of a partnership name in Delaware.

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FAQ

A limited partnership can file a statement of cancellation with the Delaware Department of State, Division of Corporations. The filing will include a fee of $200. The dissolution of a limited partnership occurs when: The winding up process has been completed.

The Limited Partnership Act in Delaware governs limited partnerships. The Limited Partnership Act allows the formation of a partnership as long as the partnership possesses at least one general partner and more limited partners.

A limited partnership is a partnership formed by two or more persons under the provisions of Section 1702 of this Chapter having as members one or more general partners and one or more limited partners.

Like a corporation, a limited partnership is a separate legal entity from its partners. A limited partnership must have at least one general partner and at least one limited partner.

To cancel a foreign name registration before the close of the calendar year, file a Cancellation of Foreign Name Registration ? Out-of-State Corporation online at bizfileOnline.sos.ca.gov.

Steps to Cancel a Delaware LLC Consult the LLC Operating Agreement.Take a Member Vote.Appoint a Manager to Wind up the LLC's Affairs.Payoff Creditors, Current and Forseeable, before paying Members.Pay The Delaware Franchise Tax.Pay the LLC's members.File a Certificate of Cancellation.

No matter how you choose to file, you'll need to pay a $75 fee. For online reservations, pay via credit/debit card; for paper applications, pay via check, made out to the ?Delaware Secretary of State.?

All entity name reservations are required to submit an application to reserve, re-reserve, transfer or cancel a name reservation. The fee is $75.00 and the reservation will be effective for 120 days.

More info

Enclosed please find an application for cancellation of reservation of a. Partnership Name to be filed in accordance with the Partnership Act of the State of.00 to be accompanied with a completed application. However, they may need to cancel an assumed name at the local Register of Deeds Office. Complete and file a Request for Cancellation of Reservation of Name with the Department of State. Applicant Name and Address: Specify the name of the person for whom the reservation is made. Please complete the Name Reservation Request Form on the following page. Note: The reservation of a proposed corporation, limited liability company or limited. Application for Name Reservation (PDF, 360.7KB). If the partner authorizing the cancellation is an individual, enter their full name.

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Delaware Application for Cancellation of Reservation of Partnership Name